real estate forecasts Archives - Mortgage Rates & Mortgage Broker News in Canada

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

April 8, 2024 No Comments

economists say a rebound awaits the national housing market — but don’t expect a big surge just yet.

Canada’s housing market to stabilize, but don’t expect return to “rollicking” price gains, BMO says

January 29, 2024 No Comments

While stability is expected to return to the country’s housing market this year as interest rates ease, homeowners shouldn’t expect a return to the “rollicking” price gains of previous years.

Canadian seniors are selling their homes later in life. What will this mean for the housing market?

January 4, 2024 No Comments

A recent report has found Canadian seniors are choosing to age in their homes for longer, with many not selling their home until their 80s and 90s.

Weak demand casts chill over Canada’s recreational property market outlook

January 2, 2024 No Comments

Prices for cottages and other recreational properties are expected to remain fairly tepid this year as high borrowing costs and lower buyer demand continue to slow Canada’s real estate markets.

Canadian home prices expected to see sluggish growth in 2024, Re/Max says

November 28, 2023 No Comments

Home price growth across Canada is expected to remain sluggish in 2024, while the country’s largest housing market—Toronto—is expected to see prices fall, according to a new forecast released today by Re/Max.

More balanced housing market to return in 2023

Expect more balanced housing markets in 2023, says Re/Max

December 5, 2022 No Comments

After a year of rapidly rising interest rates and falling home prices, 2023 should see more balanced conditions return to most housing markets across the country.

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